Home prices rose just 1.3 percent in 2025, the slowest pace of appreciation in over 15 years, according to data released Tuesday by S&P Dow Jones Indices.
The S&P CoreLogic Case-Shiller National Home Price Index recorded a 1.3 percent year-over-year increase in December, down from 1.4 percent in November. For the full year, national home prices grew just 1.3 percent—the weakest full-year gain since 2011, when prices dropped 3.9 percent.
The deceleration represents a sharp reversal from the Biden-era inflationary housing price surge, when annual price gains regularly exceeded 10 percent in 2021 and 2022. The 2025 increase is also well below the…
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